The tech stock, like many others, had a challenging 2022.
Investors questioned the price tag Adobe (ADBE 0.82%) paid for its major acquisition in 2022. Still, the company has done an excellent job growing revenue and profits. This video will tell you whether you should buy Adobe stock right now.
*Stock prices used were the afternoon prices of Dec. 12, 2022. The video was published on Dec. 14, 2022.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Adobe. The Motley Fool recommends the following options: long January 2024 $420 calls on Adobe and short January 2024 $430 calls on Adobe. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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